Mind the gap

IN a new report on inequality, the OECD has tracked income changes in several developed nations including Australia. It finds that from the mid 1980s to the late 2000s, the average rate of real household income growth among developed nations was 1.7 per cent per year. But while incomes grew at an average rate of 1.4 per cent for the bottom 10 per cent of households, they grew at 2.0 per cent for the top 10 per cent…